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-0.000478344059836553 -0.000478344059836553 -0.000478344059836553 -0.000478344059836553 0.000608801530700932 0.000130457470864503 -0.00546660288745872 -0.00117411723778053
Stock impact report

Ferguson Enterprises (NYSE:FERG) Is Increasing Its Dividend To $0.89 [Yahoo! Finance]

Ferguson plc Ordinary Shares (FERG) 
Company Research Source: Yahoo! Finance
Based on this payment, the dividend yield for the company will be 1.6%, which is fairly typical for the industry. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. However, prior to this announcement, Ferguson Enterprises' dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business. The next year is set to see EPS grow by 25.3%. Assuming the dividend continues along recent trends, we think the payout ratio could be 30% by next year, which is in a pretty sustainable range. See our latest analysis for Ferguson Enterprises The company has a long dividend track record, but it doesn't look great with cuts in the past. The annual payment during the last 10 years was $1.45 in 2015, and the most recent fiscal year payment wa Show less Read more
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